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    143 Franklin St Westerly, RI 02891

    For Lease
    Contact for pricing

    Retail space available in a well-located retail development.

    Property size:
    2,160 SF
    Lot size:
    24.73 Acres

    Property Features for 143 Franklin St

    General Information

    Size
    2,160 SF
    Lot size
    24.73 Acres

    Source: Carpionato Group Agent Peter Flynn

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Retail Space in Westerly Crossings

    Westerly Crossings is a 151,770 square foot retail development strategically located at the intersection of Route 78 and Route 1. This location represents the primary crossroads of the market and is adjacent to the Westerly airport on the route to Watch Hill and nearby beaches. The available retail space is 2,160 square feet.
    Location Intelligence

    Current Use by Public Records

    Verizon Cell Phone Store Chase Bank Bank Salon 401 Hair Salon The Tribal Dog Dog Trainer Cold Stone Creamery Ice Cream Shop

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Westerly
    County
    Washington
    State
    Rhode Island
    Longitude
    -71.8093961
    Latitude
    41.3576499

    Nearby Similar for Lease

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      Westerly RI Office Space For Lease

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    FAQs

    What type of property is this?
    Retail space - Retail space available in a well-located retail development.
    Where is this retail space located?
    The property is located at 143 Franklin St Westerly, RI.
    What are key features of this property?
    This property features: - High-traffic location at the intersection of Route 78 and Route 1; - Sizeable retail development with 151,770 sf; - Strategically positioned at the primary crossroads of the market
    (401) 273-6800
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    143 Franklin St Westerly, RI 02891
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    Westerly, RI 02891
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    143 Franklin St Westerly, RI 02891
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